First CSLR Dixon compensation to be paid by EOFY

CSLR/AFCA/Dixon/dass/

The Compensation Scheme of Last Resort has officially launched with 11 claims in the first levy period expected to be paid by 30 June 2024, one of which relates to Dixon Advisory.

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Count network expands with former Insignia advice firm

insignia-financial/Countplus/M&A/South-Australia/rural/

A former Insignia advice firm Murray Nankivell, specialising in providing advice in regional South Australia, has joined the Count licensee.

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Candidates react to ‘tough’ new advice exam structure

financial-adviser-examination/exam/ASIC/professional-year/graduate/

With the first financial adviser exam of the year under the new structure held on 26 March, candidates have described it “tough” despite changes – meaning questions are multiple-choice.

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FAAA warns of ‘significant extra work’ from QAR fee change

quality-of-advice-review/financial-advice/Sarah-Abood/

FAAA chief executive, Sarah Abood, has warned changes in first tranche of the QAR legislation around advice fees documentation could create more work for advisers rather than less.

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Insignia clings onto second-largest advice licensee position

Wealth-Data/insignia-financial/insignia/count-group/adviser-numbers/

Insignia Financial is holding ‘relatively steady’ onto its rank as Australia’s second-largest financial advice licensee after the Godfrey Pembroke exit but Count is hot on its heels.

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Verdict in for ASIC's first greenwashing case against Vanguard

vanguard/ASIC/greenwashing/ESG/federal-court/

The Federal Court has issued its verdict in ASIC's first greenwashing case against Vanguard Investments Australia regarding the use of ESG exclusionary screens.

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A busy Q1 for ASIC advice action

AFSL/Sydney/ASIC/banning/licence-cancellation/

As the first quarter of 2024 comes to a close, Money Management looks back on the corporate regulator’s bans and AFSL cancellations in the financial advice sector.

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Relative Return: Challenging consumers’ investment behaviour

Podcast/Relative-Return/

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Briggs joins speaker line-up at Australian Wealth Management Summit 2024

economy/FSC/Blake-Briggs/

The FSC CEO will join a long line-up of renowned speakers at the inaugural summit. 

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